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If You Think Softbank Vision Fund Is Pouring Money Into Startups, Think Again

by cnbc.com posted 1year ago 1434 views
<p>Many business titans have made the trek to Trump Tower for a private audience with&nbsp;<a href="http://www.cnbc.com/donald-trump/" target="_blank">Donald J. Trump</a>&nbsp;since he was elected president, but none have made a bigger splash than Masayoshi Son, the billionaire telecommunications entrepreneur.</p> <p>&quot;Ladies and gentlemen, this is Masa of&nbsp;<a href="http://topics.nytimes.com/top/news/business/companies/softbank-corporation/index.html?inline=nyt-org" target="_self" title="More information about SOFTBANK Corporation">SoftBank</a>&nbsp;of Japan and he has just agreed to invest $50 billion in the U.S. and 50,000 jobs,&quot; Mr. Trump said, wrapping an arm around the beaming&nbsp;<a href="https://www.nytimes.com/2016/12/06/business/dealbook/donald-trump-mayayoshi-son-softbank.html" target="_self">Mr. Son&nbsp;</a><a href="https://www.nytimes.com/2016/12/06/business/dealbook/donald-trump-mayayoshi-son-softbank.html" target="_self">last month</a>.</p>